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members of president clinton's economic team, people like bob rubin and larry podesta, have put their name to a plan that calls for $200 billion more in tax revenue than even the president is asking. for more now we have with us william cohen in new york, a columnist for the bloomberg view, and clarence page, a columnist for "the chicago tribune." welcome to both of you. clarence, one thing this makes plain is democrats are feeling confident in a fiscal cliff win. why not ask for more? >> well, they're certainly asking for more than president obama is asking, and that is the point here. they feel that the policies of the clinton era that gave us the prosperity that we saw back then would be good to impose now. they are really calling for a different kind of arrangement pushing for a simplification of the tax code that would include taxes on cigarettes and alcoholic beverages which would cross income lines, those kind of consumer taxes hit lower income tax people -- taxpayers as well as upper, and they want to get rid of the amt, that automatic tax that's designed to make sure that old
members of president clinton's economic team, people like bob rubin and larry podesta, have put their name to a plan that calls for $200 billion more in tax revenue than even the president is asking. for more now we have with us william cohen in new york, a columnist for the bloomberg view, and clarence page, a columnist for "the chicago tribune." welcome to both of you. clarence, one thing this makes plain is democrats are feeling confident in a fiscal cliff win. why not ask for...
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and david wrote, hillary clinton is running for president. he came to that conclusion after attending a forum in washington where hillary clinton was a featured speaker and was introduced by what remnick calls a short, adoring film. the film was like an international endorsement four years in advance of the iowa caucus and the new hampshire primary. >> if you bet on the side of human rights, human dignity, more countries may have the same extraordinary good fortune that we've had. ♪ and when you smile >> someone who knows a thing or two about political comebacks, i can tell you i don't think we've heard the last of hillary clinton. ♪ girl you're amazing just the way you are ♪ >> i just have an instinct that the best is yet to come. >> joining me now, "the washington post" philip rucker and jonathan capehart. >> come on, these leaving her term as secretary of state. she's arguably been one of the best that we've had in a while. she's loved by clearly lots of people around the world, particularly foreign leaders and so there she is at thi
and david wrote, hillary clinton is running for president. he came to that conclusion after attending a forum in washington where hillary clinton was a featured speaker and was introduced by what remnick calls a short, adoring film. the film was like an international endorsement four years in advance of the iowa caucus and the new hampshire primary. >> if you bet on the side of human rights, human dignity, more countries may have the same extraordinary good fortune that we've had. ♪ and...
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and david wrote, hillary clinton is running for president. he came to that conclusion after attending a forum in washington where hillary clinton was a featured speaker and was introduced by what remnick calls a short, adoring film. the film was like an international endorsement four years in advance of the iowa caucus and the new hampshire primary. >> if you bet on the side of human rights, human dignity, more countries may have the same extraordinary good fortune that we've had. ♪ and when you smile >> someone who knows a thing or two about political comebacks, i can tell you i don't think we've heard the last of hillary clinton. ♪ girl you're amazing just the way you are ♪ >> i just have an instinct that the best is yet to come. >> joining me now, "the washington post" and jonathan capeheart. >> come on, these leaving her term as secretary of state. she's arguably been one of the best that we've had in a while. she's loved by clearly lots of people around the world, particularly foreign leaders and so there she is at this forum fille
and david wrote, hillary clinton is running for president. he came to that conclusion after attending a forum in washington where hillary clinton was a featured speaker and was introduced by what remnick calls a short, adoring film. the film was like an international endorsement four years in advance of the iowa caucus and the new hampshire primary. >> if you bet on the side of human rights, human dignity, more countries may have the same extraordinary good fortune that we've had. ♪ and...
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brought back to where they were under clinton. that's the catalyst that has to be brought home to republicans. they can make the deal whenever but they best make it now. if they make it late there will be hell to pay for all of us, including them. the people running the government. the politicians. good politicians don't take their countries off of cliffs. that's "hardball" for now. thanks for being with us. "politicsnation" with al sharpton starts right now. >>> thanks, chris. and thanks to you for tuning in. i'm live from washington, d.c. tonight's lead, the end of an era. for more than 20 years republicans have calmed to the one policy that's crippled our ability to get things done in washington. do you remember this? >> read my lips. no new taxes. >> read my lips, no new taxes. george h.w. bush hammered that mantra to win the white house in 1988. but just two years later, the reagan deficits were skyrocketing and president bush was forced to change his most famous line. >> long and bitter battle over the budget officially ende
brought back to where they were under clinton. that's the catalyst that has to be brought home to republicans. they can make the deal whenever but they best make it now. if they make it late there will be hell to pay for all of us, including them. the people running the government. the politicians. good politicians don't take their countries off of cliffs. that's "hardball" for now. thanks for being with us. "politicsnation" with al sharpton starts right now. >>>...
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but more popular than hillary clinton and laura bush. alison samuels, it's good to have you here. i appreciate it. >> thank you. thank you for having me. >> all right. so everyone want to know if michelle obama would follow into the political for she has said that she's not interested in politics but it hasn't stopped people from asking that question. >> no, it doesn't. >> when she appeared at the democratic convention in september, i think people were reminded of how smart and engaging she is and that started the chatter of, what if she ran for public office given that she's or the of able to galvanize people with her speech, her smile, with her sort of -- she's so passionate about everything that she talks about, all of her initiatives. she really pushes very hard for. i think a the lo of people are wondering, even though she doesn't want to be a politician, what kind of role would she have in public after her husband got out of office. i don't think she'll run for office but i think she'll have a very strong presence once his term is up. >> samuel l. jackson has said, michelle
but more popular than hillary clinton and laura bush. alison samuels, it's good to have you here. i appreciate it. >> thank you. thank you for having me. >> all right. so everyone want to know if michelle obama would follow into the political for she has said that she's not interested in politics but it hasn't stopped people from asking that question. >> no, it doesn't. >> when she appeared at the democratic convention in september, i think people were reminded of how...
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new reports that hillary clinton got a special job pitch. apparently so did david petraeus and neither one took the advice. new york city mayor michael bloomberg's successor will have big shoes to fill according to "the new york times." bloomberg called secretary of state hillary clinton a few months ago to encourage her to enter the 2013 new york city mayoral race. but reportedly told the mayor she has no interest in the job. as deputy mayor there howard wolf son, former senior adviser to hillary clinton's presidential campaign in 2008. mayor bloomberg isn't the only 0 one giving out advice. this is great. it's bob woodward, heads are exploding as i speak. let me get to the story. woodward reports that roger ales, the chairman and founder of fox news, encouraged general david petraeus to run against obama in the 2012 election. last spring asked fox news analyst to make the pitch while she was traveling with petraeus. in a recording of the conversation between mcfarland and petraeus mcfarland can be heard saying that ales advises petraeus to
new reports that hillary clinton got a special job pitch. apparently so did david petraeus and neither one took the advice. new york city mayor michael bloomberg's successor will have big shoes to fill according to "the new york times." bloomberg called secretary of state hillary clinton a few months ago to encourage her to enter the 2013 new york city mayoral race. but reportedly told the mayor she has no interest in the job. as deputy mayor there howard wolf son, former senior...
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we need to go back to the clinton era rates for the most well off americans. it's not going to kill us. freedom of tyranny is not the 35 we pay now and the 39 that the rich will pay as we did when america was a communist paradise. it's just silly now. you've got to be for a tax rate increase or we will go over this fiscal cliff. >> no, you don't. you could raise from a carbon tax of $20 a ton, which will deal with, we are having the biggest record carbon levels. you could raise -- at 4% a year over the next ten year, twice as much as you could from allowing the bush tax rates to lapse. why the income tax system is overburdened in the united states. we use it too much. we should be looking at other taxes. we can't do it in 29 days. why are we doing it in 29 days? >> but the president ran on raises taxes, right? if you look at the polls. 60% of people support raising taxes on people who make over $250,000 a year. how much of a problem is it, david, if the republicans you know, tom coburn said he does not want to raise that tax number. >> the president ran on his
we need to go back to the clinton era rates for the most well off americans. it's not going to kill us. freedom of tyranny is not the 35 we pay now and the 39 that the rich will pay as we did when america was a communist paradise. it's just silly now. you've got to be for a tax rate increase or we will go over this fiscal cliff. >> no, you don't. you could raise from a carbon tax of $20 a ton, which will deal with, we are having the biggest record carbon levels. you could raise -- at 4% a...
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this is the home of the clinton presidential library, and maybe the hilary clinton presidential library. >> stephanie: oh, i hope so. i was just talking to somebody about that yesterday. >> caller: when are you coming down here, we have a lot of liberals down here. >> stephanie: yes, i have never been to the clinton library. >> caller: well, come on down. what i wanted to point out, and it has already been said here before, basically -- the republicans are trying to throw grandma and grandpa under the bus because of the $3 trillion war debt. >> stephanie: yeah. >> caller: this is what this is somebody. americans claim to be patriotic, and so many of us wanted to go to war after 9/11 then why don't we have a surtax on the bottom of our income tax reform so we can all pay, but people like mitt romney should be paying more also. >> stephanie: absolutely. >> all of the politicians who supported the iraq war should be paying more. >> stephanie: there you go. and by the way -- >> i am not one of your fans! >> stephanie: sexy liberal hal sparks and spongebob square pants on the big show tomorr
this is the home of the clinton presidential library, and maybe the hilary clinton presidential library. >> stephanie: oh, i hope so. i was just talking to somebody about that yesterday. >> caller: when are you coming down here, we have a lot of liberals down here. >> stephanie: yes, i have never been to the clinton library. >> caller: well, come on down. what i wanted to point out, and it has already been said here before, basically -- the republicans are trying to...
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try to do something a little bit more mainstream with a little bit more broad appeal, a la hillary clinton in her first couple of months up here on capitol hill. they don't expect her to focus entire loin the consumer financial protection bureau, for example. they think she would like a larger beach head on capitol hill and i think that is where this is going. >> thank you very much. take it down to sue at the nyse. >> i have kenny poll carry, independent trader at the nyse with me. you made a note in your morning note that we are stuck this in range until we get progress. >> look where we are, between 1400 on the downside you can and 1420 the upside. today, done absolutely nothing, at 1404, 1406 all day, not a lot of action, not a lot of activity at all. people just in this wait and see mode, right? more chatter out of washington. i think a lot of people expecting the interview with the president, hear what he had to same the market got weaker after spoke. >> down 18 point on the trading session now the volume disturbing now, because there is none. >> that just tells that you investors ar
try to do something a little bit more mainstream with a little bit more broad appeal, a la hillary clinton in her first couple of months up here on capitol hill. they don't expect her to focus entire loin the consumer financial protection bureau, for example. they think she would like a larger beach head on capitol hill and i think that is where this is going. >> thank you very much. take it down to sue at the nyse. >> i have kenny poll carry, independent trader at the nyse with me....
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>> it's not just the clinton tax rates. we had a pretty good economy under bill clinton. >> different spending rates, too, back then, governor. >> well, that's right. it's also cuts in defense which we haven't had in 30 years and a cut in human services, which i'd rather not do, but i think everybody needs to something on the table to get what we need to get. it's the best deal for the country. we'll have a recession. the cbo thinks and i agree with this, we'll have 1.3% negative growth for two quarters and we'll go back with a slightly less than 2% growth rate for the entire. we're not going to get out of this without pain. anybody when thinks we'll get through the deficit problem without having to do some sacrificing is wrong. what this does in my view as a democrat is it distributes the burden of the pain fairly, that is, we go back to the clinton tax rates for everybody, not just for rich folks. and we had a good economy under bill clinton. we go back -- we get -- cuts in defense spending which we know is higher than it
>> it's not just the clinton tax rates. we had a pretty good economy under bill clinton. >> different spending rates, too, back then, governor. >> well, that's right. it's also cuts in defense which we haven't had in 30 years and a cut in human services, which i'd rather not do, but i think everybody needs to something on the table to get what we need to get. it's the best deal for the country. we'll have a recession. the cbo thinks and i agree with this, we'll have 1.3%...
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president of americans for tax reform and robert reish, former secretary of labor for president bill clinton and the author of "beyond outrage." none of the three of us are beyond outrage, grover norquist, which is why i keep having you back. the situation it seems to me as an impartial observer here is that both sides have now made fairly ludicrous offers that they know the other side is never going to accept in a million years. that does beg the question, grover, why bother, given that both sides know where they need to move, why the games? >> well, it's not clear that both sides know. the week after the election, president obama was asked do you have to have the higher rates or could we have deductions and credits and he said he was open to negotiations. three weeks later, after thanksgiving, he shows up and all of a sudden there's a line in the sand on rates that had come out of nowhere, so the president seems to be moving the goal posts in a deliberate effort, i don't know, to extract something, to push people over the fiscal cliff. something's going on and it's not clear because he's n
president of americans for tax reform and robert reish, former secretary of labor for president bill clinton and the author of "beyond outrage." none of the three of us are beyond outrage, grover norquist, which is why i keep having you back. the situation it seems to me as an impartial observer here is that both sides have now made fairly ludicrous offers that they know the other side is never going to accept in a million years. that does beg the question, grover, why bother, given...
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. >>> hillary clinton for new york city mayor. that's what outgoing mayor michael bloomberg wants. according to the "new york times," bloomberg reach ed out o the secretary of state and asked her to consider running next year but says hillary clinton declined. secretary said she will leave public service once her successor is in place. >>> one of the world's leading experts in fashion add the title of ambassador to her name? anna wintour, editor in chief of vogue magazine is one of several people president obama is considering for the ambassador post to the united kingdom or france. wintour is a u.s. citizen, but was born in the united kingdom. she is one of the president's biggest fund-raisers. >>> federal judge temporarily blocks federal law, banning the use of conversion therapy. his ruling applies to only three providers who want the law overturned. the therapy is aimed at helping change a minor sexual orientation from gay to straight. >>> 13 people dead, 32 wounded. now the judge in the case has been removed. u.s. court of appeals for the armed services says the judge showed b
. >>> hillary clinton for new york city mayor. that's what outgoing mayor michael bloomberg wants. according to the "new york times," bloomberg reach ed out o the secretary of state and asked her to consider running next year but says hillary clinton declined. secretary said she will leave public service once her successor is in place. >>> one of the world's leading experts in fashion add the title of ambassador to her name? anna wintour, editor in chief of vogue...
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we'll go back to the clinton era, which will happen at the beginning of the year. >> stephanie: yeah. >> caller: and i mean also other people in the lower-income brackets will have to pay more, but i think we're willing to do that. >> stephanie: i don't think it's a preferable thing to go off of the cliff, but the more and more you see republicans have not changed one bit from their obstructionist ways i think, yeah, maybe. >> caller: it doesn't mean that starting january, the world will come to an end. >> caller: yeah, it's gradual. >> caller: and if you ask the people -- fortunately i live in texas, so the previous president i didn't -- i agree with a lot of times, but i will just say that he never asked us to sacrifice anything. he told us to go shopping. >> stephanie: yeah. >> caller: that is -- it's crazy. >> stephanie: exactly, unless you cut a [ inaudible ] for that last pair of [ mumbling ] shoes. >> stephanie: i should have picked an easier to pronounce shoe. >> keds. [ laughter ] >> stephanie: this is the headlines. they really have not -- they presented another budget where
we'll go back to the clinton era, which will happen at the beginning of the year. >> stephanie: yeah. >> caller: and i mean also other people in the lower-income brackets will have to pay more, but i think we're willing to do that. >> stephanie: i don't think it's a preferable thing to go off of the cliff, but the more and more you see republicans have not changed one bit from their obstructionist ways i think, yeah, maybe. >> caller: it doesn't mean that starting...
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kerry are considered high on the president's list of possible replacements for hillary clinton who has said that she is not staying on for the president's second term. cnn's elise labott is at the state department to talk about it. do a comparison for us, off the bat. pros and cons for the top diplomatic post. the halls of the state department are buzzing with potential new secretary of state. both would make a strong candidate. susan rice, for instance, one of president obama's closest advisers. she was his principal foreign policy adviser during his first campaign and helped shape his world view. they have a similar world view. all of this signifies susan rice would be influential when she goes to speak to diplomats around the world and world leaders and also in formulating foreign policy, which is very good for the state department. on the downside, you see what's happening with the benghazi affair. she's likely to have a bruising confirmation process. some republican senators said they might hold up her nomination. that could drag out a while. john kerry, on the other hand, would b
kerry are considered high on the president's list of possible replacements for hillary clinton who has said that she is not staying on for the president's second term. cnn's elise labott is at the state department to talk about it. do a comparison for us, off the bat. pros and cons for the top diplomatic post. the halls of the state department are buzzing with potential new secretary of state. both would make a strong candidate. susan rice, for instance, one of president obama's closest...
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and then could be bush versus clinton again. >> governor, thank you very much. appreciate your time. >> honor to be with you. >> right now it's time for "squawk on the street." ♪ >> good tuesday morning. welcome to "squawk on the street." i'm melissa lee with carl quintanilla, jim cramer and david faber. we're live from post 9 at the new york stock exchange. a vacuum here in terms of u.s. economic data. none on top today. we're looking at a flat open across the board. as for europe, movement there. the buyback of greek debt will in fact work. we're seeing just fractions of a percent in terms of changes there. our road map this morning starts with the latest in the fiscal cliff negotiations. the white house promptly rebuffs the gop counterproposal which calls for $800 billion in new tax revenue but without tax rate increases for the wealthy. could this tax issue deadlock the talks? >>> bank of america ceo warns the cliff must get stalled or the economy could be stifled well into 2014. >>> even more dividends pushed into 2012. coach, american eagle moving up and
and then could be bush versus clinton again. >> governor, thank you very much. appreciate your time. >> honor to be with you. >> right now it's time for "squawk on the street." ♪ >> good tuesday morning. welcome to "squawk on the street." i'm melissa lee with carl quintanilla, jim cramer and david faber. we're live from post 9 at the new york stock exchange. a vacuum here in terms of u.s. economic data. none on top today. we're looking at a flat...